Luckin Coffee Inc. (LKNCY) Income Statement Analysis

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Complete financial analysis of Luckin Coffee Inc. (LKNCY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Luckin Coffee Inc., a leading company in the Restaurants industry within the Consumer Cyclical sector.

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Luckin Coffee Inc. (LKNCY)

Industry: Restaurants

Sector: Consumer Cyclical

Website: https://investor.luckincoffee.com

About Luckin Coffee Inc.

Luckin Coffee Inc. engages in the retail services of freshly brewed coffee and non-coffee drinks in the People's Republic of China. It also offers hot and iced freshly brewed coffee, such as Americano, Latte, Cappuccino, Macchiato, Flat White, and Mocha, as well as specialty coffee based on market and seasonal trends; coconut milk latte products; tea drinks; pre-made beverages; and pre-made food items, such as pastries, sandwiches, and snacks. In addition, the company offers cups, tote bags, and other merchandises. It operates pick-up stores, relax stores, and delivery kitchens under the Luckin brand, as well as Luckin mobile app, Weixin mini-program, and other third-party platforms for third-party payment channels. Further, the company provides technical and consultation services; and manufactures materials for products. As of December 31, 2021, it operated 4,397 self-operated stores; 1,627 partnership stores; and 1,102 Luckin Coffee EXPRESS machines. Luckin Coffee Inc. was incorporated in 2017 and is headquartered in Xiamen, the People's Republic of China.

Metric	2023	2022	2021	2020	2019	2018	2017
Revenue	24.90B	13.29B	7.97B	4.03B	3.02B	840.70M	500.00K
Cost of Revenue	10.89B	8.01B	5.24B	3.72B	3.22B	1.11B	1.58M
Gross Profit	14.01B	5.28B	2.73B	311.42M	-195.52M	-267.77M	-1.08M
Gross Profit Ratio	56.26%	39.75%	34.27%	7.72%	-6.46%	-31.85%	-215.60%
Research & Development	338.82M	301.39M	251.69M	265.54M	219.05M	77.96M	10.16M
General & Administrative	648.95M	1.46B	1.27B	981.65M	1.07B	379.74M	44.01M
Selling & Marketing	1.29B	1.94B	1.16B	876.92M	1.25B	746.02M	50.93M
SG&A	1.94B	3.40B	2.43B	1.86B	2.32B	1.13B	109.50M
Other Expenses	8.71B	126.56M	481.74M	493.40M	483.51M	-7.78M	0.00
Operating Expenses	10.99B	3.83B	2.91B	2.35B	2.81B	1.33B	111.69M
Cost & Expenses	21.88B	11.84B	8.14B	6.07B	6.03B	2.44B	113.26M
Interest Income	108.68M	84.92M	102.25M	135.71M	79.41M	8.92M	22.00K
Interest Expense	0.00	23.48M	35.49M	116.47M	31.63M	16.12M	0.00
Depreciation & Amortization	2.00B	1.25B	1.14B	483.42M	411.88M	106.69M	1.83M
EBITDA	5.11B	2.40B	1.69B	-5.55B	-2.72B	-1.50B	-110.58M
EBITDA Ratio	20.52%	14.98%	4.68%	-36.69%	-83.24%	-177.26%	-22,116.00%
Operating Income	3.03B	1.60B	-92.39M	-2.04B	-3.21B	-1.60B	-112.41M
Operating Income Ratio	12.15%	12.03%	-1.16%	-50.59%	-106.19%	-190.08%	-22,482.80%
Total Other Income/Expenses	81.74M	-29.43M	1.05B	-4.20B	53.00M	-21.15M	-328.00K
Income Before Tax	3.11B	1.13B	622.52M	-6.24B	-3.16B	-1.62B	-112.74M
Income Before Tax Ratio	12.48%	8.48%	7.82%	-154.73%	-104.44%	-192.60%	-22,548.40%
Income Tax Expense	259.43M	638.50M	-63.86M	-637.80M	1.39M	6.16M	0.00
Net Income	2.85B	488.25M	578.55M	-5.60B	-3.16B	-1.62B	-112.74M
Net Income Ratio	11.44%	3.67%	7.26%	-138.91%	-104.48%	-192.60%	-22,548.40%
EPS	8.96	1.60	2.32	-22.17	-15.73	-8.63	-2.41
EPS Diluted	9.00	1.52	2.16	-22.17	-15.71	-8.63	-2.41
Weighted Avg Shares Out	317.85M	309.13M	256.41M	252.74M	200.90M	187.62M	46.88M
Weighted Avg Shares Out (Dil)	316.57M	314.53M	266.98M	252.74M	201.15M	187.62M	46.88M

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